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Hastings Technology Metals Limited (HAS) Fair Value & Analysis

Basic Materials · AU · Market cap A$93.4M

HT Hastings Technology Metals Limited HAS · AU
PriceA$0.3350
Fair ValueA$1.13
Upside+237.3%
Quality95/100
Evidence: Low Range A$0.8400 – A$1.41

Fair value as of: Jun 24, 2026

From 4 valuation models · updated 5 days ago

Share price −30.2% over the past month.

Price vs Fair Value (12 months)

A$0.9938 A$0.2848 Fair Value A$1.13 Jun 2025 Jun 2026

12‑month range A$0.2848 – A$0.9938 · fair‑value band A$0.8400 – A$1.41 · the A$0.3350 price screens below the A$1.13 fair value. As of Jun 24, 2026.

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Analysis

Hastings Technology Metals Limited (HAS) currently trades at A$0.3350, while our model-based Fair Value estimate is A$1.13 — implying the stock looks roughly 237.3% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

It earns a return on equity of -53.8%. Net debt stands at A$128M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) −A$2.0M
Revenue growth (YoY) -97.2%
Return on equity -53.8%
Free cash flow −A$24.4M FY2025
Operating margin -3,391%
EPS (TTM) A$-0.3400
More key figures
Net debt A$128M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Hastings Technology Metals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral deposits in Australia. The company explores for rare earth, neodymium, praseodymium, and niobium minerals. Its flagship property is the 100% owned Yangibana project that consists of 22 tenements/exploration licenses and 13 mining leases covering an area of 590 square kilometers located in the Gascoyne region of Western Australia. The company was formerly known as Hastings Rare Metals Limited and changed its name to Hastings Technology Metals Limited in October 2015. Hastings Technology Metals Limited was incorporated in 2006 and is based in Perth, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hastings Technology Metals Limited reported revenue of A$2.3M in FY2025 versus A$62 in FY2021, a compound +1,284.3%/yr. Reported net income was −A$222M in FY2025.

Revenue +1,284.3%/yr
FY21 A$62
FY22 A$329K
FY23 A$7.2M
FY24 A$5.6M
FY25 A$2.3M
Net income
FY21 −A$6.3M
FY22 −A$9.4M
FY23 −A$10.6M
FY24 −A$33.8M
FY25 −A$222M

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Frequently asked questions

Is Hastings Technology Metals Limited (HAS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$1.13 versus a price of A$0.3350 — about +237% (undervalued). Model-based estimate, not financial advice.
What is the fair value of HAS?
Our 21-model fair value for Hastings Technology Metals Limited is A$1.13 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.3350.
What is the quality score of HAS?
Hastings Technology Metals Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of HAS?
The net profit margin of Hastings Technology Metals Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.